 |
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| -I’m
an inventor. What payment terms can I get? |
|
| Cypress Industries accepts
either a credit card, a prepayment of 100%
in advance, or in some cases a minimum prepayment
of 75% from inventors. |
| |
| -My
company is not located in the US. What terms
can I expect? |
|
| For smaller orders of $10,000
or less Cypress accepts credit cards and
wire transfers in advance from international
clients. For larger orders over $10,000
Cypress will accept wire transfers in advance
or a letter of credit from its international
clients. |
| |
| -What
are your credit policies? |
|
Individual Customers (includes
firms in business <1 year and inventors):
Credit Card, 100% prepayment or minimum
prepayment of 75% for approved customers. |
|
Established Companies:
A standard credit check will be performed
where our credit form will need to be signed.
In addition, 3 credit and 1 bank reference
are required. |
|
>Tooling Customers:
50% down and 50% due upon first article
approval if a customer has approved credit.
Customers without credit will be required
to pay 100% down, or in some cases 75% down. |
|
International Customers:
For smaller orders of $10,000 or less Cypress
accepts credit cards and wire transfers
in advance from international clients. For
larger orders over $10,000 Cypress will
accept wire transfers in advance or a letter
of credit its international clients. |
| |
| -Can
I download your credit application? |
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| To apply for credit for terms with Cypress Industries, you will need the following forms: |
|
1.Cypress Industries Credit Application
2.Customer Financial Release
3.Texas Resale Certificate (required only if you are a Texas Business) |
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